ICICI Prudential Asset Management Company Limited has received an administrative warning from the Securities and Exchange Board of India (SEBI). The warning pertains to an investor complaint related to ICICI Prudential Strategic Alpha Fund, an alternative investment fund managed by the company. SEBI's letter, dated May 25, 2026, and received by the company on June 2, 2026, cited a procedural delay in verifying an investor's eligibility for a scheme. The amount was later refunded with additional compensation after necessary checks were completed. The company has stated that there is no material impact on its financial, operational, or other activities.
